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EURUSD: Potential Reversals!

Oleh ChartAddicts
6hr Time Frame: Reading price action we can see EURUSD has shifted in momentum and has created higher swing lows in confluence with the break of the counter trend line and potential inverted head and shoulders. If price manages to hold above this zone, we can look for longs too 1.23000. If price breaks the current support zone, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
Chart PatternsconfluneceEURUSDhighertimeframesTechnical IndicatorsLONGpriceactionSupply ZoneTechnical AnalysisTrend Analysis
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